Has Cosmos ATOM finally found a bullish footing?

Cosmos ATOM/USD has climbed 2% in the past day to consolidate weekly gains at 17% as cryptocurrencies recover. ATOM currently trades at $13, with a market valuation of over $3 billion. Equally, Cosmos has registered significant activities as daily trading volumes rose 63% to $628 million.
A broader outlook shows that the interoperability token is 59% lower year-to-date. While it is a significant sell-off, it is lower compared to the drop in the overall crypto valuation. The overall market c